03:37 (GMT +7) - Sunday 27/09/2020


Instant coffee exports boom

Released at: 12:49, 27/08/2015

Instant coffee exports boom

Exports of Vietnamese instant coffee have risen considerably over last five years.

by Hoai An

Vietnam has risen to fifth place among exporters of instant coffee, following Brazil, Indonesia, Malaysia, and India, according to the US Department of Agriculture (USDA).

Vietnam’s instant coffee market share has increased dramatically over the last five years, from 1.8 per cent to 9.1 per cent. In the first six months of this year the country exported about 572,000 60-kg bags of instant coffee, or more than 34,000 tons - the highest amount in the last five years. Vietnam exports most of its instant coffee to the EU, with 94,698 bags, followed by Japan with 72,743 bags, the US 68,892 bags, and Russia 58,472 bags.

USDA also predicted that from the 2014/2015 crop Vietnam would be able to export 1.3 million bags of instant coffee, or 78,000 tons, a 44 per cent increase compared to the previous crop. It put the strong growth of Vietnam’s instant coffee exports down to it producing the largest amount of Robusta coffee, which is often used to make instant coffee.

A great deal of foreign investment in the sector has also had a significant effect on growth. Nestlé, for example, has built coffee processing plants costing $80 million in southern Dong Nai province.

User comment (0)

Send comment